The day's market - October 01, 2007

The Dow Jones Industrial Average (DJIA) was down by 17.31 points last Friday and closed at 13895.63.

PSEi previous close 3572.90

time----------change------------PSEi
9:31----------up 0.91----------3573.01

The market opened tentatively but Advancers outnumbered Decliners 14 to 3.

9:32----------up 1.61

Advancers 18 Decliners 6

9:33--------down 0.20
9:34----------up 0.98
9:35-------------1.18
9:36-------------0.64

9:38--------down 0.87
9:40-------------2.27
9:41-------------2.12

Advancers 20 Decliners 11

9:43-------down 0.77
9:44------------1.44
9:47---------up 0.81

9:54-------down 4.80

Advancers 26 Decliners 21

9:58-------down 5.11

Decliners now led Advancers 25 to 24

10:01------down 6.55

Advancers 26 Decliners 32. Only the M-O (+1.09%) sector was up. Gold prices were above the $740 an ounce level.

10:02------down 7.18----------3565.72 (day's low)
10:10-----------6.20
10:16-----------5.75
10:19-----------6.46
10:22-----------5.60
10:24-----------6.37
10:30-----------5.31

Advancers 36 Decliners 40

10:33-------down 3.14

Advancers 38 Decliners 40

10:34-------down 2.89
10:37---------up 1.57

Advancers again leads the decliners 40 to 39. The market goes up to positive territory and stays there for the rest of the trading session.

10:39---------up 3.58

Advancers 42 Decliners 39

10:44--------up 4.41
10:47-----------5.48
10:47-----------7.05

Advancers 44 Decliners 33

10:49--------up 7.73
10:55-----------9.74
10:58----------13.48

Advancers 57 Decliners 30

11:00--------up 13.88
11:04-----------21.94-----------3594.84

Advancers 58 Decliners 29

11:06---------up 17.56
11:09------------18.10
11:11------------21.60
11:12------------21.99

Advancers 64 Decliners 25-------3594.89

11:14---------up 23.92
11:18------------28.30 ---------3601.20

The 3600 level is tested. The market remained near this level and consolidated the day's gains.

11:20--------up 22.14
11:22-----------24.00
11:23-----------25.78

Advancers 68 Decliners 24

11:27--------up 26.41
11:29-----------27.06-----------3599.96

Advancers 72 Decliners 26

11:33---------up 30.81-----------3603.71
11:34------------26.42
11:35------------27.96
11:36------------29.03
11:38------------30.33
11:40------------26.40
11:43------------30.09
11:44------------31.30
11:46------------33.82-----------3606.72(day's high)
11:48------------27.28-----------3600.18
11:49------------29.15
11:52------------27.19
11:55------------30.35
11:59------------31.37-----------3604.27
12:01------------25.02-----------3597.92 (+0.70%)
Market Close.

Advancers 84
Decliners 23

Value turnover: PhP 4.115 bn
Cross transactions: PhP 1.451 bn

Sectoral Indices finished higher across-the-board.
M-O +2.85%
Property +2.30%
Industrial +1.64%
Financial +0.71%
Holdings + 0.28%
Services +0.03%

Turnover in the Philippine Stock Exchange has reached PhP 1 trillion in the first three quarters of 2007.

Some analysts are expecting a rate cut on October 4, 2007.


10:39---------up